My paid funamental data service indicates very dominant selling factors:
Cot Data, Retail sentiment, Seasonality, HTF Trend reading, GDP Growth, Inflation, Unemployment, Intrest rate divergence
Credits to tradingview.com/u/transparent-fx/ if market goes long to neckline before decent allong with long term bearish trend.
As soon as the break of equal lows gets broken (sellside liq) the buyers their SL get hit and retail traders will start selling again. Institutions have already driven the price down maybe even further for nice RR. Make sure to look on intraday perspective to have a relatively nice entry. and have multiple trades so you can scale out. Very basic stuff, just do it!
Cot Data, Retail sentiment, Seasonality, HTF Trend reading, GDP Growth, Inflation, Unemployment, Intrest rate divergence
Credits to tradingview.com/u/transparent-fx/ if market goes long to neckline before decent allong with long term bearish trend.
As soon as the break of equal lows gets broken (sellside liq) the buyers their SL get hit and retail traders will start selling again. Institutions have already driven the price down maybe even further for nice RR. Make sure to look on intraday perspective to have a relatively nice entry. and have multiple trades so you can scale out. Very basic stuff, just do it!
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.